Intraday NSE BSE Tips|Nifty Range|Hot Stocks Today 20 December:- Indian stock markets are likely to start on a flat to positive note. Earliar US markets closed lower and Asian markets are trading on a quite note at this hour. The market breadth is positive with advances at 395 against declines of 272 on the NSE.
Nifty And Bank Nifty Trading Range Today:- Yesterday markets faced immense selling pressure but it managed to close significantly with small losses in the last hour of trade. Reality, Capital goods and Metal led the markets to trade in loss. Today Nifty is expected to trade in the range 4530-4630. It is expected that it can take a short pull back today. It is suggested to sell Nifty at higher levels as long as Nifty sustains below 4530. Any fall from this levels may drag it to the level of 4444. Support for Bank Nifty exists near 7777 points.
Hot Stocks And Intraday NSE BSE Tips Today:- Stocks in news are Crompton Greaves, Muthoot Finance, Orchid Chemicals, Coal India, Dr. Reddy's Lab, Nestle, Network 18, Idea, Kingfisher, GMR Infra.
1) Jindal Steel & Power: Sell Below- 499 Target1-490 Target2-486 Stop Loss-503.5
2) Wipro : Buy Above- 405.20 Target1- 413 Target2- 416 Stop Loss- 401.2
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